Web3 startup Nestcoin completes $1.9 million funding, with participation from Adaverse and others

ChainCatcher news, Nigeria-based Web3 startup Nestcoin announced the completion of a new funding round of $1.9 million, with participation from Adaverse, Base Ecosystem Fund, Alter World, CMT Digital, Magic Fund, 4DX Ventures, and a group of angel investors.

Nestcoin had previously suffered losses due to holding investment funds in FTX. The new funds will be used to build the non-custodial cryptocurrency wallet Onboard and to expand its newly established cryptocurrency training platform Breach and the cryptocurrency gaming association Metaverse Magna (MVM).